Canadian Copper Inc. announced positive exploration results from its next thirteen holes at Chester Copper Project ("Chester") located in the Bathurst Mining Camp, New Brunswick, Canada. Highlights of Phase Two Program: Hole C21-14: 1.44 % copper over 11.25 meters in a continuous mineralized envelope grading 0.69% copper over 25.7 meters; Hole C21-15: 2.48% over 2 meters in a continuous mineralized envelope grading 0.92% copper from 13 meters; Precious metals: All holes within the massive sulphide zones intersected anomalous gold and silver mineralization. (See Table 1 for drilling results).

Similar to the first phase of drilling at Chester (https://canadiancopper.com/canadian-copper-begins-active-trading-and-provides-company-update/), the program successfully met the designed objectives of: Validate historical resource and geologic model for the three primary zones, Central, East, and West Zone (Copper Stringer), which are all located near surface; Outline additional resources in existing gaps between the Central and East Zone; Further explore for the presence of gold and silver mineralization near surface within the gossanous Central and East zones. Each of the above stated objectives were met by the Phase Two program. All thirteen drill holes intersected the near-surface target massive sulphide mineralization validating the historical geologic model.

Also, portions of the Chester historical resource estimate consisting of dated drilling (pre-1960's) may now be included into the upcoming MRE because of new data collected. Additionally, the continuous presence of silver and gold across the resource is a positive development, bringing potential additional value to the ore body.